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This real estate disruptor has done a great job of turning things around.
Redfin (RDFN 8.49%) has performed exceptionally well in 2023, as management has done a great job of focusing on efficiency and maximizing the core business. But there are some reasons Redfin -- and small-cap stocks in general -- could have a great 2024, as Fool.com contributors Matt Frankel, CFP®, and Tyler Crowe discuss in this video.
*Stock prices used were the afternoon prices of Dec. 4, 2023. The video was published on Dec. 5, 2023.
Matthew Frankel, CFP® has positions in Redfin. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Redfin. The Motley Fool recommends the following options: short February 2024 $8 calls on Redfin. The Motley Fool has a disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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